Homeowners should consider tax benefits when filing


By Saul Rosenthal

Special to The SUN

Q: Are there tax benefits available to homeowners I need to consider when filing my 2014 tax returns?

A: With an improving housing market in many parts of the country, many people are becoming new homeowners. Whether this is the first year you own a home or you have been a homeowner for many years, there are a variety of tax benefits you will need to take into consideration when you file your federal and state tax returns next April. And these benefits are available regardless of the type of home you own — single-family, townhouse, mobile home, condominium or cooperative housing all qualify.

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